Current Legal Developments in Latvia and the World – January

BDO Law has compiled the most important news of the amendments to the regulatory acts in January 2026.

This summary covers the following amendments:
  • Amendments to the Construction Law
  • Amendments to the Law on Residential Properties
  • Amendments to the Law on Execution of Confiscation of Criminally Acquired Property
  • Amendments to the Construction Law
Sanctions news:
  • Russian gas imports: Council gives final greenlight to a stepwise ban
  • U.S. imposes sanctions on crypto exchanges tied to Iran for the first time
  • Trump administration eases sanctions on Venezuelan oil industry after Maduro’s capture
  • EU preparing 20th Russia sanctions package targeting oil, banks, shadow fleet
  • Iran: Council adopts new sanctions over serious human rights violations and Iran’s continued support to Russia’s war of aggression against Ukraine
  • Trump raises U.S. tariffs on South Korea imports to 25%
  • Trump pauses Greenland-linked tariffs on 8 European countries
Fintech Industry News:
  • The amendments to the Credit Institution Law provide for the possibility of establishing a specialised credit institution with an initial capital of EUR 1 million
Read a detailed summary here